The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
Manufacturing Manufacture Of Computer, Electrical Electronic And Optical Products Manufacture Of Computer, Electronic And Optical Products 26 - Manufacture of computer, electronic and optical products
110 jobs Number of planned job losses
Announcement Date
15 January 2009
Employment effect (start)
1 March 2009
Foreseen end date
30 September 2009
Description
On 15 January 2009, Bang & Olufsen, a Denmark-based producer of electronic audio and video equipment, announced that it is to cut 110 jobs at the headquarters in Struer by the end of September 2009 (Denmark). The management explains that the current economic crisis and a lower level of activity have forced the company to restructure its workforce. Worldwide Bang & Olufsen cuts 220 jobs out of 2,550. It is not known the number employed in Denmark.
Sources
15 January 2009: 3F.DK
Citation
Eurofound (2009), Bang & Olufsen, Internal restructuring in Denmark, factsheet number 67856, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/67856.
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